The time has not yet come to remove your chips from the table: Gaotu Techedu Inc ADR (GOTU)

With 1.91 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.46 million shares. During the session, the Education & Training Services company that operates in wider Consumer Defensive sector, reached to the highest price of $8.04 whereas the lowest price it dropped to was $7.57. The 52-week range on GOTU shows that it touched its highest point at $8.42 and its lowest point at $2.22 during that stretch. It currently has a 1-year price target of $8.91. Beta for the stock currently stands at 0.09.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GOTU was up-trending over the past week, with a rise of 12.99%, but this was up by 26.38% over a month. Three-month performance surged to 61.29% while six-month performance rose 230.58%. The stock gained 179.72% in the past year, while it has gained 120.99% so far this year. A look at the trailing 12-month EPS for GOTU yields -0.00 with Next year EPS estimates of 0.08. For the next quarter, that number is -0.00. This implies an EPS growth rate of 605.20% for this year and 294.96% for next year. EPS is expected to grow by 16.03% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 19.99%.

Float and Shares Shorts:

At present, 147.93 million GOTU shares are outstanding with a float of 147.84 million shares on hand for trading. On 2024-04-30, short shares totaled 8.04 million, which was 311.0 higher than short shares on 1711584000. In addition to Mr. Xiangdong Chen as the firm’s Founder, Chairman & CEO, Ms. Nan Shen serves as its CFO & Senior VP.

Institutional Ownership:

Through their ownership of 0.32374 of GOTU’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, GOTU reported revenue of $761014000.0 and operating income of -$187915000.0. The EBITDA in the recently reported quarter was -$193184000.0 and diluted EPS was -$0.46.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GOTU since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.